"Buy low and sell high." ~ stock market adage
It appears that bad news is now bad news. Earnings that beat reduced estimates are no longer considered positive. Europe's financial woes can not longer be ignored as it falls back into recession. The fiscal cliff is no longer assumed to be a distant issue that will be resolved.
With the over 200 point drops in the Dow Jones Index in 2 out of the past 3 days, it seems the market will likely decline further and, hopefully, giving me another buying opportunity.
For more on The Practice of Personal Finance, check back every Wednesday for a new segment.
This is not financial or investing advice. Please consult a professional advisor.
Copyright © 2012 Achievement Catalyst, LLC
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